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Last Week in Tech – The AI Boom's Memory-and-Power Bill, Microsoft's 4,800 Cuts, and a Perfect-10 ColdFusion Flaw
Description
Your Monday catch-up on the week in tech, with a security lens. This week the real AI story wasn't a model — it was the physical bill coming due. Samsung posts a record quarterly profit, up nearly nineteen-fold, on AI-memory demand; SK Hynix raises around 29 billion dollars in one of the biggest-ever US share listings; and Britain's National Grid tips 1.75 billion into a US power project built to feed a single Microsoft data centre. Microsoft cuts about 4,800 jobs and overhauls Xbox as it reallocates toward AI. Europe's top court makes Google's 4.1-billion-euro Android fine final. And on the security desk: a perfect-10 Adobe ColdFusion flaw (CVE-2026-48282) is exploited within two hours of disclosure and draws an emergency CISA patch order, Accenture confirms a breach after a criminal offers stolen data for sale, and INTERPOL's Operation First Light nets 5,811 arrests and 293 million dollars.
Trying to work out what all this means for your hardware budget and your patch queue? Visit www.kinsoft.com.au to talk through your security and IT needs.
Sources: Reuters; CNBC; Bloomberg; Samsung; TechCrunch; DataCenterDynamics; Adobe; CISA; BleepingComputer; SecurityWeek; Help Net Security; INTERPOL.